Bardhaman is a city in the Indian state of West Bengal. It is also known by its anglicized name Burdwan. It functions as the headquarters of the Purba Bardhaman district. Bardhaman used to be the district capital during the British era. The city experiences a hot and humid climate and hosts around 4 lakh residents. It is connected to the neighboring cities of Kolkata on one side and Durgapur on the other via the Durgapur Express Highway (NH2). There are quite a few places worth visiting in and around the city. The Shrine of Sarvamangala is believed to be a holy spot that is built upon Goddess Satis umbilicus. The Curzon Gate was built when Lord Curzon had visited the city for the first time. The Shiva Temple At Nawab Hat has 108 temples dedicated to the great Lord. Bengal being a major educational hub in the country has many prestigious educational institutions in each city. The University of Burdwan is one of the most prestigious universities in the state. Burdwan Medical College, Burdwan Raj College and Vivekananda Mahavidyalaya, Burdwan are of great repute. Many residents of Burdwan travel to the nearby cities for work. A good number of the population is employed in various government offices within the city. Agriculture is another major contributor to the citys economy as Bardhaman is known for its rich and fertile soil.
The IDBI Bank Ltd provides personalized banking and financial solutions to its customers in the retail and corporate sector via the network of branches, ATMs and internet banking. Core IT banking platform drives the operations of IDBI. Under the Parliament Act, IDBI Bank was constituted in 1964 as a wholly-owned subsidiary of the RBI. In 1976, GOI took the ownership of IDBI, and it was regarded as the public financial institution in the finance and development industry. In July 1995, the government holding in the bank shares came down from 100% to 75% due to the public issue of IDBI. In the year 2004, the IDBI was transformed into the bank from DFI. IDBI obtained the status of a limited company under Transfer of Undertaking and Repeal Act, 2003 (Repeal Act). The scheduled bank status was given to IDBI Bank by the Reserve Bank of India under the RBI Act, 1934. Consequently, the IDBI formally entered into the banking business as IDBI Ltd. The United Western Bank Ltd was with IDBI Ltd in 2006, under the provisions of section 45 of Banking Regulation Act, 1949. In the year 2008, the name of the bank was changed from IDBI Ltd to IDBI Bank Ltd, and a fresh certificate of incorporation was issued.